Daily thread to exchange ideas and to share your thoughts

Happy Friday, everyone! Hope you're all doing well as we get things going here on the session. It's been a quiet one to start with but the dollar is inching a little lower at the moment, though nothing too overwhelming.

WCRS 28-06

Markets are looking cautious in anticipation of the Trump-Xi meeting tomorrow in Osaka and that's leaving for a bit of a slower pace in trading today. It's all about counting down to the meeting and seeing what comes next after the two leaders meet.

But looking ahead today, expect month-end and quarter-end rebalancing flows to mess up the trading picture a little. There's a lot of chatter about flows potentially moving out of US equities later - after the S&P 500 has gained by 6.3% in June - and that could lend itself to further dollar weakness as we look to close out the week. Adam also pointed that out overnight in this post here.

All that noise aside, the main focus is on the Trump-Xi meeting tomorrow so let's see what that will have to offer to traders ahead of the open next week. What are your views on the market right now? Share your thoughts/ideas with the ForexLive community here.